scorecardresearchGold falls by ₹100 to ₹60,000, silver jumps ₹1,400; check rates here

Gold falls by 100 to 60,000, silver jumps 1,400; check rates here

Updated: 14 Jul 2023, 05:57 PM IST
TL;DR.

  • In the overseas market, gold was quoting lower at USD 1,956 per ounce, while silver was up at USD 24.73 per ounce.

In the previous trade, the precious metal had settled at  <span class='webrupee'>₹</span>60,100 per 10 grams.

In the previous trade, the precious metal had settled at 60,100 per 10 grams.

(PTI) Gold prices dropped 100 to 60,000 per 10 grams in the national capital on Friday amid a fall in its prices globally, according to HDFC Securities.

In the previous trade, the precious metal had settled at 60,100 per 10 grams.

However, silver prices jumped 1,400 to 76,400 per kilogramme.

"Spot gold prices in the Delhi markets traded at 60,000/10 gram, down by 100 from its previous day close, following a stronger rupee and weaker demand," Devarsh Vakil, research analyst at HDFC Securities, said.

With interest rates peaking, a softer dollar is acting as a tailwind for the yellow metal, Vakil said.

In the overseas market, gold was quoting lower at USD 1,956 per ounce, while silver was up at USD 24.73 per ounce.

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First Published: 14 Jul 2023, 05:57 PM IST